Politically correct?!

Pratibha ADVANI... Ghoomta Aaina made her a household name; not that she needed an intro!

Elegance and leadership are in the genes of this multi-faceted lady… and despite being the daughter of L.K. Advani, she has created an identity for herself as Managing Director, Swayam Infotainment, a leading production house that makes programmes for a number of TV channels. Known to be ultra soft-spoken, Pratibha Advani, has a mind of her own and having dabbled in zoology, real estate and acting, she now is seemingly content with her entrepreneur initiative in TV programming. Since politics runs in her blood, Pratibha has also written columns for the English mouthpiece of RSS ‘Organiser’, besides accompanying her father for ‘yatras’.

A proud L.K. Advani spoke at length to 4Ps B&M about his daughter: “Pratibha has been doing very well and whatever she has achieved has been on her own merit and ability. She made two decisions before entering the television industry. First, not to deal with politics at all but only with entertainment, business or health and second, to avoid using her surname as much as possible to gain influence. In fact, I still remember an interesting incident. When she interviewed Vidhu Vinod Chopra he said that the biggest problem in the film industry is piracy and the Home Minister (then LK Advani) was doing nothing about it. Later on a colleague of his told him that Pratibha is Advani’s daughter. He felt guilty and called to apologise.”


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Source: IIPM Editorial, 2008
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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The Sunday Indian

Fly more for low cost

And now, guess what? With low cost carriers having captured the imagination of the nation, the story is all set to soar higher – and higher! According to latest reports, a number of Asian no-frills airlines have trained their sights on the Indian marketplace and are considering a move into the crowded skies here. These include Indonesia’s Lion Air, Malaysia’s Air Asia, Thailand’s Nok Air, Saudi Arabia’s Sama Airways, Tiger Air (which is a JV between Temasek Holdings and Singapore Airlines), among others. Of these, Nok Air has already started daily flights from Bangalore to Bangkok (the return fare is about Rs.10,000) from the first week of June. Tiger Air has already got permission to fly to six cities in India from Singapore – Chennai, Goa, Cochin, Kozhikode, Trivandrum and Kolkata. What’s more, American carrier Sapphire Airways has plans to launch services to India from next year (San Fransisco to Bangalore via Munich) at fares that will be lower than those charged for direct flights. Of course, the airline hasn’t as yet got an approval from the US Federal Aviation Authority. But everyone’s pretty sure that that’s not going to be a problem! So get set to fly, fly, fly – at great rates at that!

For Complete IIPM Article, Click here
Source: IIPM Editorial, 2008
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

IIPM Arindam Chaudhuri 4Ps Business & Marketing Business & Economy Kkoooljobs Planman Media Planman Consulting Planman Marcom Planman Technologies Planman Financial Planman Motion Pictures GIDF The Daily Indian IIPM Think Tank

The Sunday Indian

The subprime lending crisis is not an isolated event & it won’t be easily contained

A recent research piece by Bank of America estimates that approximately $500 billion of adjustable rate mortgages are scheduled to reset skyward in 2007 by an average of over 200 basis points. 2008 holds even more surprises with nearly $700 billion ARMS subject to reset, nearly ¾ of which are subprimes.

It was not supposed to be this way. 1% teasers or 3% 2/28’s were supposed to be rolled with no points into something resembling… well…1% teasers & 3% 2/28’s. Instead today we have nearly 7% fixed rate mortgages & not a teaser to be found. Congress, regulators, even Fed officials are stepping in & warning mortgage originators (even mortgage buyers!) that they’d better be careful & only make good loans. Those nasty capitalists! They must have gotten carried away a few years ago. Somehow all those BMWs in the New Century parking lot in Irvine, California didn’t attract much notice in 2006. Now, well, there’s nary a Prius to be found there, but lots of outraged politicians in Washington, that’s for sure. The right places to look for contagion are therefore not in the white-washed Bear Stearns hedge funds, but in the subprime resets to come & the ultimate effect they will have on the prices of homes – the collateral that’s so critical in this asset-backed, & therefore interest sensitive financed-based economy of 2007 & beyond.

In the near future, delinquencies will lead to defaults & then to lower home prices, then we have problems & the potential for an extended – not a 27-day Paris Hilton sentence.

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Source: IIPM Editorial, 2008

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

IIPM Arindam Chaudhuri 4Ps Business & Marketing Business & Economy Kkoooljobs Planman Media Planman Consulting Planman Marcom

Planman Technologies Planman Financial Planman Motion Pictures GIDF The Daily Indian IIPM Think Tank The Sunday Indian

Irrespective of the hits that the varmint simian creature took, you loved the special effects, didn’t you?

Irrespective of the hits that the varmint simian creature took, you loved the special effects, didn’t you? There was something, how do we put, lovable about the fiendish imp, wasn’t there? Snap back! We accept that the sector has seen special effects of quite some sorts this year. According to Assocham, the sector is expected to become a $60 billion piping hot commodity by 2010. If that didn’t leave your mouth wide open, the estimation of $180 billion by 2020 (PHDCCI) will unquestionably do so. The IT sector alone will entail more than 150 million square feet (2010) in the commercial realty domain. In the residential domain, current shortage of 20 million homes will further keep realtors’ dimples alive.

The icing on the cake, the estimated growth rate of 35% of the retail sector will work as firecrackers in the realty fiesta. B. P. Dhaka of Parsvnath Developers Ltd., quips, “The real estate sector is maturing day by day and in times to come the sector is going to be a more transparent and a stable one.” Haven’t we heard that one before? But seriously, when we drove through the roads around newly constructed buildings and residential locations in New Delhi, Mumbai, Pune, Bangalore, Chennai and Hyderabad, we nowhere near slowing down, spawning overnight billionaires. Believe this or not – four out of the seven new entrants in the illustrious Forbes Billionaire List, 2006, were from the sector (K. P. Singh of DLF, Ramesh Chandra of Unitech, Pradeep Jain of Parsvnath, Vikas Oberoi of V. O. Constructions).

Worryingly, this misleading ‘billionaire’ advertisement is adding to hordes of ostensible ‘entrepreneurs’ and investment firms ready to rock the realty cradle by a technique now known as ‘carpet investment bombing’. Nearly two dozens of USbased funds are raising more than $3 billion to grab a pie of the immense opportunities. The list of thespians includes heavyweights – Blackstone Group ($1 billion), Goldman Sachs ($1 billion), Citigroup Property Investors ($125 million), Morgan Stanley ($70 million) et al. Even developers are finding it hard to keep themselves out of this golden bird. In all, more than $20 billion is expected to pour in the sector from foreign lands. Dubai’s Nakheel Group signed a $10 billion deal with DLF for Tier l & ll cities, apart from many more such deals. Shravan Gupta, Executive Vice Chairman & MD, Emaar MGF Land Pvt. Ltd., reveals to B&E, “Emaar MGF has committed a capital outlay of $12 billion in a phased manner over the next four-five years.”

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Source: IIPM Editorial, 2008
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Cold War deja vu!

One wonders, why did the world undergo the trial & tribulations associated with the Cold War nuclear politics? The question gains added salience especially when one sees the West & Russia walking the beaten tracks & once again entering into a dangerous missile race.

The recent withdrawal of Russia from its obligations under the conventional forces in Europe (CFE) treaty certainly doesn’t portend well, either for global peace or for the continent (Europe), which has presumably bid good bye to war as an instrument of state policy. The treaty came into being in 1992 (the collapse of Communism saw a revised treaty, CFE II enacted in 1999) as a confidence building measure between NATO & former Warsaw pact nations to reduce the deployment of conventional forces between the Atlantic Ocean and the Urals.


For Complete IIPM Article, Click here

Source: IIPM Editorial, 2008

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

IIPM Arindam Chaudhuri 4Ps Business & Marketing Business & Economy Kkoooljobs Planman Media Planman Consulting Planman Marcom Planman Technologies Planman Financial Planman Motion Pictures GIDF The Daily Indian IIPM Think Tank The Sunday Indian

The problem with the Indian healthcare is that at the moment, it can only be, at best, described as a ‘bitter pill’ in a ‘sweet bottle’

The problem with the Indian healthcare is that at the moment, it can only be, at best, described as a ‘bitter pill’ in a ‘sweet bottle’. The pills may be bitter, but they have positive effects... So while on one hand, losses are a melancholic representation of Fortis’ actions, the sector has got one way to go – up! Firstly, India lacks a social security system. CII predicts that India has the potential to attract 1 million tourists per annum, which could contribute upto $5 billion annually to the economy. And with a massive 84% of Indians under no medical insurance protection (as per McKinsey report), surely one can well expect rich returns to accrue from investing in this medical giant. With McKinsey further proclaiming that unhealthy proportion of the Indian population would dangerously increase from to 47% in 2012 (due to increase in lifestyle related diseases), Fortis’ seems to be on the right path...

When questioned about growth and M &A plans, Shivender responded, “M&As come second. What’s more important to us is the strategic placement of our units. Till now, the focus location for Fortis had been the Northern belt where we progressed through a hub & spoke model but now we’re eyeing a more pan-India presence.” With upto 90% of total players in the industry being unorganised and with other organised challengers like Apollo, Max Hospitals & Wockhardt spreading wings fast, Fortis has to fight hard for many good number of years ahead. And for that, Shivender could well have to endure many more jet lags and sleepless nights ahead…

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Source: IIPM Editorial, 2008

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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Victimised...

of brutality & torture beyond limit

History has proved several times that weakest has always been suppressed, tortured & exploited. The reason is its inability to unite, organise & express their agony. Unfortunately, this is true with millions of children in homes, schools, factories, agri- fields, & brothels. Their silence oft en speaks tons about the trauma they oft en go through. It is estimated that more than 130 million girl children & women have gone through some form of genital cutting. United Nations Population Fund (UNPF) revealed that more than 5,000 girls & women are killed each year in the name of honour killing. Most child pornographies are the severe form of sexual brutality. Millions of street children are abused by drug dealers & armed groups. An estimated 2.8 million children are affected by HIV/AIDS making them the instant cases of castaway of an already fragile society. Those who are not castaway per se, perpetually wait for help. Incidents of teachers severely beating up pupils is not a stray incident either in India or in many developing ones. While many of the rest, prefer to take their own lives away rather than facing the humiliation of failure. While those who remain alive, trudge along, dying a death every day.

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Source: IIPM Editorial, 2008

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Home Campus Tour Contact Us Sitemap IIPM Think Tank IIPM National Brochure IIPM in Media India Today & Tomorrow
Strategic Alliance / Consulting / Intellectual Tic-up Partners Arindam chaudhuri GIDF Planman Consulting Business & Economy 4Ps Business & Marketing The Sunday Indian The Daily Indian Kkoooljobs.com